When we consider the demographics of our retail jewelry industry, it’s easy to see how so many are Baby Boomers at, or nearing, retirement age.
Just the word “retirement” conjures up a host of financial considerations and emotional feelings. Most of us love the industry, our customers, and our staff, but at some point, we all realize that something’s got to give. Decisions need to be made. Options need to be considered. Exit strategies must be formulated.
Business transitions are as important to consider as business growth and development. Such transitions are never top of mind when starting a business or attempting to grow it. But that doesn’t mean they shouldn’t be a key priority when the time is right.
If you are at that important stage and need some advice about what to do and how to do it, we would love to help. We continually work with jewelers at this critical period in their lives, so we know the issues you face. We’ve helped hundreds of jewelers face them time and time again. And we consider it both a pleasure and honor to do so.
So if you are at or near retirement age with questions about what to do next, give us a call or drop us a line. We are there for you.
Jeff Gordon, CEO